
Cheap Homes for Rent in Alameda Neighborhood of Tempe, AZ from $500 (99 Rentals)
Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.


1939 E Concorda Dr

708 W Howe St

1215 E Lemon St, Unit Lemon L

39 N San Jose

1201 S McClintock Dr

1201 S McClintock Dr

1125 E Broadway Rd

1857 E University Dr

528 W Howe St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

528 W Howe St

1522 E Southern Ave

700 W University Dr

1940 W University Dr

1201 S McClintock Dr

53 N San Jose

700 W University Dr

906 S Farmer Ave, Unit C

1811 E Apache Blvd

1522 E Southern Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1111 E University Dr

731 W University Dr

200 E Southern Ave

731 W University Dr

1811 E Apache Blvd

615 S Hardy Dr

2610 S Ventura Dr

1620 W Southern Ave

615 S Hardy Dr

1201 S McClintock Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1201 S McClintock Dr

1645 W Baseline Rd

1811 E Apache Blvd

949 S Longmore

2211-2211 S Granada Dr

1215 E Lemon St

2123 W Hu Esta Dr

1973 E 10th St

1620 E Apache Blvd

1811 E Apache Blvd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

905 S Ash Ave

1651 S Dobson Rd, Unit 1

1201 S McClintock Dr

1201 S McClintock Dr

826 S Casitas Dr

1522 E Southern Ave

1811 E Apache Blvd

1850 E Hayden Ln

949 S Longmore

1406 W Emerald Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Alameda, Tempe, AZ Local Guide

How much does it cost to rent a home in Alameda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alameda 2 Bedroom Homes for Rent | $1,568 | $950 | $2,600 |
| Alameda 3 Bedroom Homes for Rent | $2,467 | $1,595 | $4,500 |
| Alameda 4 Bedroom Homes for Rent | $3,172 | $1,795 | $5,500 |
| Alameda 5 Bedroom Homes for Rent | $4,446 | $2,795 | $6,300 |
| Alameda 6 Bedroom Homes for Rent | $5,084 | $3,300 | $6,100 |
Browse Homes for Rent in this Neighborhood
There are currently 99 rentals with your search options within a 2 mile radius of the Alameda Neighborhood of Tempe, AZ.
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Alameda, Tempe, AZ Local Guide
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Cheapest Available Alameda Apartments for Rent
 The cheapest available apartment rental in the Alameda area of Tempe, AZ is a Studio unit found at The Link Apartments priced from $850. The Atrium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Alameda apartments for rent in Tempe, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Link Apartments | Studio - Classic | Studio,1BA | $850 |
| The Atrium | 1x1 | 1BR,1BA | $850 |
| El Diablo Apartments | 1BR/1.0BA | 1BR,1BA | $885 |
| Willowbrook Apartments | 126 | 1BR,1BA | $895 |
| Grandes Cortes | Studio | Studio,1BA | $899 |
| Waterstone | Studio S1-380 | Studio,1BA | $900 |
| Sentry Tempe | Kona | Studio,1BA | $905 |
| San Jose Manor | 0BR/1.0BA | Studio,1BA | $939 |
| SoL | 4BR/4BA - Silver | 4BR,4BA | $940 |
Best Value Apartments for Rent in Alameda, AZ
As of March 19, 2026 the best value apartment in the Alameda area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Alameda apartment is the D1 PHPV Model at Nine20 Tempe starting at $1,059 with a $0.73 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts on 8th | Student Housing | Furnished Townhome | 4BR,4.5BA | $0.53 |
| Nine20 Tempe | D1 PHPV | 4BR,4BA | $0.73 |
| Tempe Horizons | 2 Bed/2 Bath | 2BR,2BA | $1.36 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Butterfield Park | Two Bedroom Two Bathroom | 2BR,2BA | $1.21 |
| Sago Gardens | Single Story | 2BR,1BA | $1.21 |
| Broadstone Tempe Station | Express | 1BR,1BA | $1.37 |
| The Avi | 2x1 | 2BR,1BA | $1.30 |
| Emerson Park | 2 Bed 1 Bath | 2BR,1BA | $1.37 |
| Willowbrook Apartments | 126 | 1BR,1BA | $1.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleAlameda, Tempe, AZ
Ranked #1
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alameda, Tempe, AZ
School data provided by Great Schools
Frequently Asked Questions about Alameda
What type of rentals are currently available in Alameda?
There are currently 446 Apartments for Rent in Alameda, AZ with pricing that ranges from $699 to $15,000. There are also 353 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $599 to $6,300.
What is the current price range for Rental Homes in Alameda?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $599 to $6,300 with an average monthly rent of $2,729.
How much are larger Three and Four Bedroom Rentals in Alameda?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $830 to $5,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $770.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.